Ag Gif, Articles and Chart - August 19

Estimated reading time: 1 minute, 26 seconds. Reading Level: Grade 6

This week US President Joe Biden signed the inflation reduction act. This act will allocate $369 billion to climate initiatives. Fantastic news for the planet, as this government investment incentivises private investors to put more funds towards climate change.

Do we know what it contains? Nope, don't think anyone has read the 755 page behemouth of a document.

A Gif

Getting ready for the weekend

Some Articles

4 Solutions for a Hungry Planet

"Farmer Ju, why do we always hear about problems?" Well because there are a lot that have to do with the food supply chain. Here, Morgan Stanley teaches about several solutions to the food production challenges ahead. Take a look into the seed development section for some interesting facts.

The other reason food prices are rising

Last week we took fertiliser. We took a second to mention that fertiliser prices have increased. The price of fertiliser has increased over 70% since this time last year. The US Department of Agriculture has predicted 10% food inflation Year over Year. Fertiliser prices are a massive piece of this... is Farmer Ju prophetic?

The 'breathtaking' advancement of agriculture technology

An ode to the progress in agriculture over the last few decades. It's the most important sector, yet struggles to keep up with technology. While we have seen advances, it's still imperative to continue moving forwards.

A Chart

This chart is the percent of a nations population that cannot afford a healthy diet. This means that food expenses are over 50% of a households monthly income. According to the UN, 3 billion people fall into this category. 

This is in part due to the scale of the individual farms in developing nations. Smaller farms have fewer economies of scale and resources to provide food at the best prices.